Department opposed regulator's plan to put tariff on big energy companies

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The Department of Enterprise said the charge on large energy producers would “undermine” Ireland’s investment reputation.

The Department of Enterprise told the state’s energy regulator that now-scrapped plans to introduce €100 million in emergency tariffs on large energy users would “undermine” Ireland’s reputation as a fair regulatory environment for investment.

The department also told the Commission for Regulation of Utilities its proposals to reduce electricity demand represented a “punitive approach” to companies, and suggested the body had not considered the impact of such measures on businesses.

 

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